LEAP India Shares List Today After IPO
Listen to the story
LEAP India is a company in India. Its shares start trading today. This is called a stock listing.
Before this, LEAP India had an IPO. An IPO is when a company sells shares to the public for the first time.
People who wanted shares had to apply. This is called allotment. Allotment means the company gives shares to buyers.
The shares will list on two stock markets. These are the NSE and the BSE. NSE and BSE are big stock markets in India.
A company called MUFG Intime helped with the allotment process. It checks who gets shares.
Before the listing, people talk about the GMP. GMP means grey market premium. It shows how much people want to pay for a share before it lists.
Many investors check the GMP before a new stock starts trading. It can show if the price may go up or down.
Today, people will watch the share price of LEAP India. Share price is the cost of one share.
The stock price will be live on NSE and BSE. This means it changes all day as people buy and sell.
Vocabulary15 words
- listing
- when a share starts trading on a market
- IPO
- first time a company sells shares to the public
- allotment
- giving shares to people who asked for them
- NSE
- a big stock market in India
- BSE
- another big stock market in India
- GMP
- an unofficial price shown before a stock starts trading
- share price
- how much one share costs
- stock price
- the price of a company's shares
- investors
- people who put money into shares
- trading
- buying and selling shares
- market
- a place where people buy and sell things
- debut
- the first time something appears
- company
- a business
- shares
- small parts of a company that people can buy
- public
- all people, not just a few
Quiz
Answer key
1. They are listing on the stock market 2. An unofficial price before listing 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
LEAP India is a company in India. Its shares start trading today. This is called a stock _____.
Before this, LEAP India had an _____. An IPO is when a company sells shares to the public for the first time.
People who wanted shares had to apply. This is called _____. Allotment means the company gives shares to buyers.
The shares will list on two stock markets. These are the _____ and the _____.
A company called MUFG Intime helped with the allotment process. It checks who gets shares.
Before the listing, people talk about the _____. GMP means grey market premium.
Many investors check the GMP before a new stock starts trading.
Today, people will watch the _____ of LEAP India.
The stock price will be live on NSE and BSE.